How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - Family First Prevention Services State Block Grant $222.4 million one ‑time in 2021 ‑22, available through June 30, 2028. Complex Care Needs: $18.1 million ongoing beginning in 2021 ‑22. County Capacity Building $43.2 million one ‑time in 2021 ‑22, available through June 30, 2026.
https://lao.ca.gov/publications/report/5147

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Namely, for any new services added to the plan that are rated as supported or promising, DSS would need to ensure that at least 50  percent of Title IV ‑E dollars are claimed for well ‑supported services.
https://lao.ca.gov/Publications/Report/5106

2026-27 Changes in Proposition 98 Spending [EdBudget]

Jan 23, 2026 - 2026-27 Changes in Proposition 98 Spending [EdBudget] $125,480 a Applies to Child Nutrition, Special Education, and K-12 Mandates Block Grant.  b Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of lower transitional kindergarten staffing ratios. c Applies to Special Education, State Preschool, Child Nutrition,
https://lao.ca.gov/Education/EdBudget/Details/1067

Major Proposition 98 Spending Proposals [EdBudget]

Jan 23, 2026 - Major Proposition 98 Spending Proposals [EdBudget] Total Spending Proposals $10,910 a Applies to Special Education, State Preschool, Child Nutrition, Equity Multiplier, K-12 Mandates Block Grant, Charter School Facility Grant Program, Foster Youth Services Coordinating Program, Adults in Correctional Facilities, American Indian Education Centers, Child and Adult Care Food
https://lao.ca.gov/Education/EdBudget/Details/1064

The 2026-27 Budget: CalWORKs

Feb 18, 2026 - Finally, the state can transfer up to 10  percent of its annual TANF block grant to the SSBG, to be used for a variety of purposes, such as providing developmental services through Regional Centers. TANF and Related MOE Spending Involve More Than Just CalWORKs.
https://lao.ca.gov/Publications/Report/5122

Changes in California Community Colleges Proposition 98 Spending, 2026-27 [EdBudget]

Jan 21, 2026 - It also includes $44 million in spending covered by withdrawals from the Proposition 98 Reserve. a The Governor's budget also includes $55 million in 2024-25 funds to fund additional enrollment growth in 2025-26. b Applies to the Adult Education Program, apprenticeship programs, CalWORKs student services, campus child care support, Disabled Students Programs and Services, Extended Opportunity
https://lao.ca.gov/Education/EdBudget/Details/1039

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - Beyond these priorities, we think the proposed student support block grant is reasonable. This block grant provides districts with flexible funding they could use for a range of student services linked to local conditi ons.
https://lao.ca.gov/Publications/Report/5150

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated
https://lao.ca.gov/Education/EdBudget/Details/1025